4, SPRINGWOOD DRIVE, CHORLEY, PR7 4AD - £141,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 SPRINGWOOD DRIVE is a small semi-detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £225,980. It was last sold for £141,500 in February 2015, which was around 9% above the average February 2015 semi-detached price in the Chorley local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

4 SPRINGWOOD DRIVE Sold Prices

Land registry data shows two sales for 4 SPRINGWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chorley local authority area for the corresponding sale date. Both of the two 4 SPRINGWOOD DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 27 FEB	£141,500	£129,247	9% above HPI
2007 16 OCT	£174,000	£140,777	24% above HPI

4 SPRINGWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chorley local authority area over time, sourced from the HPI. The two 4 SPRINGWOOD DRIVE sales from October 2007 and February 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2007 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2015 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 4 SPRINGWOOD DRIVE be worth now?

4 SPRINGWOOD DRIVE might now be worth an estimated £225,980.

This is based on house price inflation of 59.7%, between February 2015 and August 2025, for semi-detached houses, in the Chorley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.7% inflationary increase is applied to the most recent sale price for 4 SPRINGWOOD DRIVE of £141,500 on 27th February 2015. For the value to have increased from £141,500 to £225,980 over the nine years and six months to August 2025, the following assumptions must hold true:

• The value of 4 SPRINGWOOD DRIVE has moved in line with the HPI for semi-detached houses in the Chorley local authority area.
• The February 2015 sale price of £141,500 represented a fair market value for the property.
• The size, condition, and specification of 4 SPRINGWOOD DRIVE has not materially changed since February 2015.

How Large is 4 SPRINGWOOD DRIVE?

4 SPRINGWOOD DRIVE is 97m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% of semi-detached houses houses in Chorley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chorley, and where 4 SPRINGWOOD DRIVE lies on this distribution: 30% of semi-detached houses houses are smaller than 4 SPRINGWOOD DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Chorley.

4 SPRINGWOOD DRIVE: Plot and Title Map

4 SPRINGWOOD DRIVE sits on a plot of roughly 0.203 of an acre, or 822m². The below map shows the location of 4 SPRINGWOOD DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 SPRINGWOOD DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 4 SPRINGWOOD DRIVE?

4 SPRINGWOOD DRIVE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 4 on SPRINGWOOD DRIVE.